Brad Roberts of Land Hawk Commercial Real Estate has sold a 38-acre tract on La.1032, just south of Hilton Hood Road near the new River Ridge Development, to Gerald and Julie Feucht.
The sale closed on Aug. 5 for $375,000 or almost $10,000 per acre. Land Hawk had purchased a larger site in the area several months back and sold a portion of it for the development of River Ridge.
“This was the 38-acre parcel that was left from the subdivision of River Ridge. It was an excellent single-family home site with about four or five acres that were high enough to build a home and some barns on,” says Roberts, who purchased the property as Land Hawk LLC. “The rest of the property was not really suitable for lot development.”
Appraiser Tom Cook owns Cook Moore and Associates. Reach him at 293-7006 or TCook@cookmoore.com.
